Shinhan Financial Group Co., Ltd.

NYSE:SHG Stock Report

Market Cap: US$17.2b

Shinhan Financial Group Balance Sheet Health

Financial Health criteria checks 6/6

Shinhan Financial Group has total assets of ₩691,795.3B and total equity of ₩56,321.9B. Total deposits are ₩381,932.0B, and total loans are ₩411,739.6B.

Key information

12.3x

Asset to equity ratio

n/a

Net interest margin

Total deposits

₩381.93t

Loan to deposit ratio

Appropriate

Bad loans

0.7%

Allowance for bad loans

Sufficient

Current ratio

Low

Cash & equivalents

₩105.67t

Recent financial health updates

No updates

Recent updates

Shinhan Financial: Mixed Prospects, Fair Valuation

Oct 06

Shinhan Financial: Focus On Earnings Miss And Shareholder Return

Jul 28

Shinhan Financial GAAP EPS of $8.45

Feb 08

Shinhan Financial: All Eyes On 2023 Outlook

Dec 23

Shinhan Financial: Recent Dividend And Buyback Announcements Are Encouraging

Oct 13

Shinhan Financial Net income of KRW2.72T, revenue of KRW6.97T

Jul 22

Shinhan Financial: Look Beyond Q4 Earnings Miss

Feb 25

Shinhan Financial: Rate Hikes And Higher Dividends Are Key Catalysts

Dec 03

Shinhan Financial: Non-Banking Businesses And Capital Return Draw Attention

Sep 20

Shinhan Financial: Positive On Quarterly Dividends And Potential Rate Hike

Jul 05

Shinhan Financial Group: Turning Positive On Valuation Grounds

Feb 02

Shinhan Financial Group: All Eyes On Fund Raising And Dividends

Nov 20

Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: SHG's Assets to Equity ratio (12.3x) is moderate.

Allowance for Bad Loans: SHG has a sufficient allowance for bad loans (144%).

Low Risk Liabilities: 60% of SHG's liabilities are made up of primarily low risk sources of funding.

Loan Level: SHG has an appropriate level of Loans to Assets ratio (60%).

Low Risk Deposits: SHG's Loans to Deposits ratio (108%) is appropriate.

Level of Bad Loans: SHG has an appropriate level of bad loans (0.7%).


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